
Burbank, California 91505
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,075,000—positioned well below the $1,119,585 Fair Market Value by 3%. This valuation gap offers $44,585 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and significant system upgrades. The oversized 7,073 sqft lot provides exceptional ADU Potential for long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich home in the Burbank Unified district.
Charming 3-bed Burbank home on oversized lot with ADU potential. Updated systems, granite kitchen, and instant equity. Prime opportunity in Burbank Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1844 N Fairview Subject | $1,075,000* List Price | 3 | 1 | 1,600 | $700 | - |
A 1927 N Fairview Street Sold | $1,110,000 | 2 | 1 | 1,349 | $823 | 0.1 mi |
B 1835 N Maple Sold | $1,150,000 | 3 | 2 | 1,500 | $767 | 0.7 mi |
C 1516 N Pepper Street Sold | $1,160,000 | 3 | 2 | 1,720 | $674 | 0.9 mi |
D 1420 N Frederic Sold | $1,220,127 | 3 | 3 | 1,603 | $761 | 0.5 mi |
E 2012 N Fairview Street Sold | $1,099,999 | 3 | 2 | 1,570 | $701 | 0.1 mi |
F 1809 N Fairview Sold | $1,000,000 | 2 | 2 | 1,683 | $594 | 0.1 mi |
G 1713 N Pepper Sold | $1,280,000 | 3 | 2 | 1,824 | $702 | 0.7 mi |
H 1613 N Pepper Sold | $995,000 | 3 | 2 | 1,227 | $811 | 0.8 mi |
I 1506 N Niagara Pending | $1,297,500 List Price | 3 | 2 | 1,636 | $793 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1938, the property is well-maintained and move-in ready. It features a renovated kitchen with granite countertops and an updated bathroom. Crucially, all major systems have been modernized, including repiping, an updated electrical panel, and newer HVAC, roof, and windows, fitting the criteria for a high-quality mid-range renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7073, living area = 1600.
The oversized 7,073 sqft corner lot features side-street access and a large gate, providing an ideal footprint and easy accessibility for a potential ADU or additional structure.
Significant capital improvements including repiping, an updated electrical panel, newer roof, HVAC, and windows offer buyers peace of mind and reduced immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 1200. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
For a three-bedroom home of this size and price point, the presence of only one bathroom is a notable drawback for families and may impact long-term resale value.
While the corner positioning allows for flexible access, it often results in less backyard privacy and increased exposure to street traffic and noise.
Charming 1938 home on an oversized corner lot with nearly 1,600 square feet of expanded living space and incredible outdoor possibilities. The flexible floor plan features a formal living room with fireplace, three bedrooms, updated bathroom with walk-in shower, and a gorgeous wood-beamed family room added off the kitchen. The light and bright updated kitchen features granite countertops, farmhouse sink, eat-in breakfast nook, plus a breakfast bar with seating for four. One bedroom is currently used as an office but has previously served as a bedroom. Gorgeous design touches with coved ceilings in the formal living room, hardwood flooring and shutters throughout. A charming screened-in room overlooks the beautiful garden and creates another inviting space to enjoy. Major improvements include repiping, updated electrical panel, newer roof, HVAC and windows, and the home was remodeled to bring the laundry inside. Attached two-car garage plus an expansive rear yard with side-street access and a large gate. The generous back portion of the lot offers exciting possibilities for a potential additional structure or ADU. Wonderful curb appeal, character, an expanded floor plan and a truly special lot!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,600 | 1,601.762 |
| Lot Size | 7,073 | 6,628.752 |
| Price | $1.07M | $1.31M |
| Price per sq ft | $672 | $879 |
| Built year | 1938 | 1944 |
| HOA | $0 | $0 |
| Days on market | 12 | 44 |
Aug 28, 2026
$1,075,000
Initial Listing